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376 Armstrong Ave, Jersey City, NJ 07305

2 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -19.26% first-year return on $134k initial cash invested.

-19.26%

Cash On Cash

2.21%

Cap Rate

0.37

DSCR

$2,370

Rent

-$2,144

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$636k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$127k

Closing costs

1%

$6,361

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,370

Total Expenses

$4,514

Mortgage P&I

135%

$3,197

Property Taxes

20%

$482

Home Insurance

9%

$220

HOA

0%

$0

Property Management

10%

$237

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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Comparable Property

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$2,850

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